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arXiv · 1605.08078

A baseline-free method to identify responsive customers on dynamic time-of-use tariffs

James R. Schofield·Simon H. Tindemans·Goran Strbac
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Abstract

Dynamic time-of-use tariffs incentivise changes in electricity consumption. This paper presents a non-parametric method to retrospectively analyse consumption data and quantify the significance of a customer's observed response to a dynamic price signal without constructing a baseline demand model. If data from a control group is available, this can be used to infer customer responsiveness - individually and collectively - on an absolute scale. The results are illustrated using data from the Low Carbon London project, which included the UK's first dynamic time-of-use pricing trial.

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James R. Schofield, Simon H. Tindemans, Goran Strbac. 2016-05-25. A baseline-free method to identify responsive customers on dynamic time-of-use tariffs. https://arxiv.org/abs/1605.08078

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